Skip to main content
Signal8

Vivakor Completes Direct Midstream Due Diligence, Advancing Proposed $40 Million Acquisition Toward Definitive Agreement

$VIVKPress releaseOct 23, 2026, 9:00 AM ETRead the release

Vivakor completed due diligence on Direct Midstream, LLC, advancing the proposed $40 million acquisition toward a definitive purchase agreement. Direct Midstream brings 17 saltwater disposal facilities, nine fresh water and brine stations, and roughly 11.5 million barrels per month of permitted disposal capacity across the Permian Basin, supporting Vivakor's RPC strategy.

Key figures

Deal Value Usd
40000000
Permitted disposal capacity
11.5 million barrels per month
Capital investment at closing
$10 million
Saltwater disposal facilities
17
Fresh water and brine stations
9

AI analysis

Red flags3 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.